---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-295428"
form_type: "8-K"
ticker: "SNPS"
cik: "0000883241"
company_name: "SYNOPSYS INC"
filed_at: "2022-11-30T23:59:59+00:00"
generated_at: "2026-06-21T11:57:21.360495+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Synopsys reports record FY2022 revenue $5.082B (+20.9% YoY); guides FY2023 14-15% growth

## Summary
- Q4 revenue $1.284B (+11.5% YoY); full-year revenue $5.082B, up 20.9% from $4.204B in FY2021.
- Q4 GAAP EPS $0.99, non-GAAP EPS $1.91; full-year GAAP EPS $6.29, non-GAAP EPS $8.90.
- Cash flow from operations $1.739B; cash and short-term investments $1.566B.
- FY2023 targets: revenue growth 14-15%, non-GAAP operating margin expansion, non-GAAP EPS growth ~16%.

## SEC filing metadata
- accession: 0001193125-22-295428
- form_type: 8-K
- ticker: SNPS
- cik: 0000883241
- company_name: SYNOPSYS INC
- filed_at: 2022-11-30T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/883241/000119312522295428/0001193125-22-295428-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/883241/000119312522295428/d425134d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-295428
- JSON: https://secwatch.observer/filing/0001193125-22-295428.json
- Plain text: https://secwatch.observer/filing/0001193125-22-295428.txt

## Key facts
- Earnings Releases
  SYNOPSYS INC reported FY2022 GAAP results: net income $984.6 million, EPS $6.29.
  - Period: FY2022 GAAP
  - Net income: $984.6 million
  - EPS: $6.29
  - Result: reported results
  source text: GAAP net income for fiscal year 2022 was $984.6 million, or $6.29 per diluted share, compared to $757.5 million, or $4.81 per diluted share, for fiscal year 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/883241/000119312522295428/0001193125-22-295428-index.htm
- Earnings Releases
  SYNOPSYS INC reported Q4 FY2022 GAAP results: net income $153.5 million, EPS $0.99.
  - Period: Q4 FY2022 GAAP
  - Net income: $153.5 million
  - EPS: $0.99
  - Result: reported results
  source text: On a generally accepted accounting principles (GAAP) basis, net income for the fourth quarter of fiscal year 2022 was $153.5 million, or $0.99 per diluted share, compared to $201.4 million, or $1.28 per diluted share, for the fourth quarter of fiscal year 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/883241/000119312522295428/0001193125-22-295428-index.htm
- Earnings Releases
  SYNOPSYS INC reported Q4 FY2022 Non-GAAP results: net income $297.7 million, EPS $1.91.
  - Period: Q4 FY2022 Non-GAAP
  - Net income: $297.7 million
  - EPS: $1.91
  - Result: reported results
  source text: On a non-GAAP basis, net income for the fourth quarter of fiscal year 2022 was $297.7 million, or $1.91 per diluted share, compared to non-GAAP net income of $285.8 million, or $1.82 per diluted share, for the fourth quarter of fiscal year 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/883241/000119312522295428/0001193125-22-295428-index.htm
- Earnings Releases
  SYNOPSYS INC reported FY2023 results: revenue 14-15% revenue growth, EPS approximately 16% non-GAAP earnings per share growth. Guidance initiated.
  - Period: FY2023
  - Revenue: 14-15% revenue growth
  - EPS: approximately 16% non-GAAP earnings per share growth
  - Guidance: initiated
  - Result: guidance update
  source text: For fiscal year 2023, we are targeting 14-15% revenue growth, continued non-GAAP operating margin expansion, and approximately 16% non-GAAP earnings per share growth.
  evidence_url: https://www.sec.gov/Archives/edgar/data/883241/000119312522295428/0001193125-22-295428-index.htm
- Earnings Releases
  SYNOPSYS INC reported Q4 FY2022 results: revenue $1.284 billion.
  - Period: Q4 FY2022
  - Revenue: $1.284 billion
  - Result: reported results
  source text: Revenue for the fourth quarter of fiscal year 2022 was $1.284 billion, compared to $1.152 billion for the fourth quarter of fiscal year 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/883241/000119312522295428/0001193125-22-295428-index.htm
- Earnings Releases
  SYNOPSYS INC reported FY2022 results: revenue $5.082 billion.
  - Period: FY2022
  - Revenue: $5.082 billion
  - Result: reported results
  source text: Revenue for fiscal year 2022 was $5.082 billion, an increase of 20.9 percent from $4.204 billion in fiscal year 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/883241/000119312522295428/0001193125-22-295428-index.htm
- Earnings Releases
  SYNOPSYS INC reported FY2022 Non-GAAP results: net income $1.393 billion, EPS $8.90.
  - Period: FY2022 Non-GAAP
  - Net income: $1.393 billion
  - EPS: $8.90
  - Result: reported results
  source text: Non-GAAP net income for fiscal year 2022 was $1.393 billion, or $8.90 per diluted share, compared to non-GAAP net income of $1.077 billion, or $6.84 per diluted share, for fiscal year 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/883241/000119312522295428/0001193125-22-295428-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
